HHH vs KANP vs TRC Stock Comparison

Howard Hughes Holdings, Kaanapali Land and Tejon Ranch Prices as of Oct 26, 2026 Peers: Industry group
KANP Kaanapali Land Llc
$29.70 -7.2% 1M -17.5% 1Y
Market cap
$53.24M
P/E
5.2x
Revenue (TTM)
$21.83M
Div. yield
–
Real Estate Development Real Estate
5 wins
TRC Tejon Ranch Co
$16.26 -1.0% 1M +0.6% 1Y
Market cap
$442.06M
P/E
73.2x
Revenue (TTM)
$56.84M
Div. yield
–
Real Estate Development Real Estate
2 wins

Head to Head

11 decided of 12

Kaanapali Land leads on 5 of the 12 questions below (Kaanapali Land 5, Howard Hughes Holdings 4, Tejon Ranch 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHHHKANPTRCLeader
Larger companyMarket capitalisation $4.34B $53.24M $442.06M HHH
Cheaper on earningsLower P/E, profitable companies only 14.8x 5.2x 73.2x KANP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.9x — 95.6x HHH
Faster revenue growthRevenue growth, trailing twelve months +34.0% +1,110.9% +25.4% KANP
More profitableNet margin, trailing twelve months 12.3% 48.2% 10.6% KANP
Better return on capitalReturn on invested capital 4.0% — 0.0% HHH
Less leveragedLower net debt / EBITDA 4.0x — 12.9x HHH
Higher dividend yieldTrailing dividend yield 0.00% — 0.00% –
Better 1-year returnPrice return, last 12 months -10.2% -17.5% +0.6% TRC
Better 5-year returnAnnualised price return, 5 years -2.8%/yr +5.0%/yr -2.4%/yr KANP
Less volatileAnnualised volatility, 1 year 33.8% 35.8% 21.4% TRC
Higher overall scoreMean of the five percentile scores vs peers 64/100 94/100 57/100 KANP

Percentile Scorecard

HHHKANPTRC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHHHKANPTRC
Valuation 84 #7 of 39 100 #1 of 39 29 #28 of 39
Growth 75 #9 of 33 97 #2 of 33 69 #11 of 33
Profitability 72 #9 of 30 86 #5 of 30 52 #15 of 30
Financial Health 24 #29 of 38 – 78 #9 of 38
Shareholder Returns – – –
Overall 64 94 57
  • HHH ranked among 42 companies in Property Developers
  • KANP ranked among 42 companies in Property Developers
  • TRC ranked among 42 companies in Property Developers

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHHHKANPTRCSPY
1 month +7.1%-7.2%-1.0% -0.8%
3 months +11.2%-1.0%-7.7% +3.5%
6 months +15.0%+16.4%-19.3% +7.0%
Year to date -8.1%+8.0%+3.1% +12.2%
1 year -10.2%-17.5%+0.6% +13.0%
3 years +17.2%+24.3%+5.9% +86.3%
3 years, per year +5.4%+7.5%+1.9% +23.1%
5 years -13.1%+27.7%-11.4% +68.6%
5 years, per year -2.8%+5.0%-2.4% +11.0%
10 years -28.8%+3.8%-28.1% +258.0%
10 years, per year -3.3%+0.4%-3.2% +13.6%

Risk

MeasureHHHKANPTRCSPY
Volatility, 1Y 33.8%35.8%21.4% 12.7%
Downside volatility, 1Y 31.5%74.1%20.8% 12.7%
Beta vs S&P 500, 1Y 0.790.260.23 1.00
Return / volatility, 1Y -0.30-0.490.03 1.02
Max drawdown, 5Y -49.0%-42.0%-32.4% -25.4%
From 52-week high -18.4%-17.5%-20.6% -1.8%
52-week high $89.85$36.00$20.48 $779.14
52-week low $60.20$25.50$15.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHHHKANPTRC
P/E now vs peer median 12.9xmedian 7.8x 5.2xmedian 7.8x 72.7xmedian 7.8x
P/S now vs peer median 1.6xmedian 4.9x 2.4xmedian 4.9x 7.7xmedian 4.9x
EV/EBITDA now vs peer median 9.4xmedian 11.2x 3.2xmedian 11.2x 83.2xmedian 11.2x
P/FCF now vs peer median 6.1xmedian 6.4x 3.1xmedian 6.4x -16.9xmedian 6.4x
P/B now vs peer median 0.9xmedian 0.6x 0.6xmedian 0.6x 0.9xmedian 0.6x
PEG now vs peer median 0.47median 0.33 0.17median 0.33 -2.90median 0.33

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHHHKANPTRC
Revenue $2.37B $21.83M $56.84M
Gross profit $1.79B $9.58M –
Operating income $505.99M $4.63M -$515.00K
Net income $290.16M $10.53M $6.04M
Free cash flow $628.36M $16.94M -$26.03M
EPS (diluted) $4.94 $5.71 $0.22
Cash & equivalents $2.65B $37.96M $3.87M
Total debt $5.46B – $377.27M
Shares (diluted) 59.15M 1.85M 27.07M
Enterprise value -$3.10B -$56.32M $361.68M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHHHKANPTRC
P/E 12.9x 5.2x 72.7x
P/FCF 6.1x 3.1x -16.9x
P/Operating cash flow 4.8x 3.0x 35.2x
P/S 1.6x 2.4x 7.7x
P/B 0.9x 0.6x 0.9x
P/Tangible book 1.1x 0.6x 0.9x
EV/EBITDA 9.4x 3.2x 83.2x
EV/EBIT 13.0x 3.3x -1,010x
EV/Revenue 2.8x 0.7x 9.1x
EV/FCF 10.5x 0.9x -20.0x
EV/Operating cash flow 8.4x 0.9x 41.7x
PEG (3Y EPS CAGR) 0.47 0.17 -2.90

Growth

14 metrics
MetricHHHKANPTRC
Revenue growth (1Y) 34.0% 1,111% 25.4%
Revenue CAGR (3Y) 20.1% 63.4% –
Gross profit growth (1Y) 67.9% 2,581% –
Gross profit CAGR (3Y) 31.7% 67.8% –
Operating income growth (1Y) -11.9% 181.8% 94.8%
Operating income CAGR (3Y) 8.1% 43.6% -27.1%
Net income growth (1Y) 27.3% 392.9% 1,237%
Net income CAGR (3Y) 34.5% 30.5% -24.8%
EPS growth (1Y) 20.1% 392.9% 1,233%
EPS CAGR (3Y) 27.2% 30.5% -25.1%
Operating cash flow growth (1Y) 33.7% 524.9% -8.4%
Operating cash flow CAGR (3Y) – 84.6% 21.0%
Free cash flow growth (1Y) 120.5% 369.6% 55.6%
Free cash flow CAGR (3Y) – 78.9% -24.6%

Profitability

14 metrics
MetricHHHKANPTRC
Gross margin 75.6% 43.9% –
EBITDA margin 29.4% 21.9% 11.0%
Operating margin 21.3% 21.2% -0.9%
Pretax margin 16.0% 45.9% 5.1%
Net margin 12.3% 48.2% 10.6%
FCF margin 26.5% 77.6% -45.8%
Operating cash flow margin 33.2% 80.5% 21.9%
Return on equity 7.4% 11.8% 1.2%
Return on assets 2.1% 10.8% 0.9%
Return on invested capital 4.0% – 0.0%
Return on capital employed – – -0.1%
Asset turnover 0.2x 0.2x 0.1x
Cash conversion (OCF / net income) 2.7x 1.7x 2.1x
Stock comp / revenue 0.7% – 2.0%

Financial Health

11 metrics
MetricHHHKANPTRC
Debt / assets 34.3% – 15.0%
Debt / equity 1.4x – 0.2x
Net debt / EBITDA 4.0x – 12.9x
Debt / FCF 8.7x – -3.7x
Liabilities / assets 74.6% 8.6% 22.9%
Equity / assets 25.4% 91.4% 77.1%
Interest coverage 2.9x – –
Current ratio – – 2.9x
Quick ratio – – 1.6x
Cash ratio – – 1.4x
Altman Z-score – – 2.17

Shareholder Returns

7 metrics
MetricHHHKANPTRC
Dividend yield – – –
Net buyback yield – – –
Shareholder yield 0.0% – 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHHHKANPTRC
Forward P/E 15.9xFY2026 – 95.6xFY2026
EPS, next fiscal year $4.01FY2026 – $0.17FY2026
EPS growth, next FY +81.4%FY2026 – +1,600.0%FY2026
EPS growth, the year after -14.2% – +147.1%
Revenue, next fiscal year $2.70BFY2026 – $57.93MFY2026
Revenue growth, next FY +83.4%FY2026 – +16.8%FY2026
Revenue growth, the year after -3.0% – +23.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHHHKANPTRC
Held by institutions 90.7% – 78.6%
Institutions holding 303 – 127
Change in shares held, QoQ +1.8% – +1.3%
Institutions buying 170 – 61
Institutions selling 87 – 30
Buyers to sellers 1.95 – 2.03

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HHHKANPTRC
HHH 1.00 -0.03 0.24
KANP -0.03 1.00 -0.10
TRC 0.24 -0.10 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HHH, KANP and TRC?

Howard Hughes Holdings (HHH) is the largest by market capitalisation: Howard Hughes Holdings (HHH) $4.34B, Kaanapali Land (KANP) $53.24M, Tejon Ranch (TRC) $442.06M.

Which stock is cheaper, HHH, KANP and TRC?

Kaanapali Land (KANP) trades on the lowest price-to-earnings ratio (Howard Hughes Holdings (HHH) 14.8x, Kaanapali Land (KANP) 5.2x, Tejon Ranch (TRC) 73.2x). On next year's consensus earnings, Howard Hughes Holdings (HHH) is cheapest (Howard Hughes Holdings (HHH) 15.9x, Tejon Ranch (TRC) 95.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kaanapali Land (KANP) grew revenue fastest over the trailing twelve months: Howard Hughes Holdings (HHH) +34.0%, Kaanapali Land (KANP) +1,110.9%, Tejon Ranch (TRC) +25.4%.

Which company is more profitable?

Kaanapali Land (KANP) has the highest net margin (Howard Hughes Holdings (HHH) 12.3%, Kaanapali Land (KANP) 48.2%, Tejon Ranch (TRC) 10.6%). On return on invested capital, Howard Hughes Holdings (HHH) leads (Howard Hughes Holdings (HHH) 4.0%, Tejon Ranch (TRC) 0.0%).

Which stock has performed better?

Over the past year Tejon Ranch (TRC) returned the most: Howard Hughes Holdings (HHH) -10.2%, Kaanapali Land (KANP) -17.5%, Tejon Ranch (TRC) +0.6%. Over five years, Kaanapali Land (KANP) compounded fastest (Howard Hughes Holdings (HHH) -2.8%/yr, Kaanapali Land (KANP) +5.0%/yr, Tejon Ranch (TRC) -2.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Tejon Ranch (TRC) has been the steadiest (Howard Hughes Holdings (HHH) 33.8%, Kaanapali Land (KANP) 35.8%, Tejon Ranch (TRC) 21.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HHH, KANP and TRC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kaanapali Land (KANP) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.